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. what i'm calling meat and potatoes rally. look at this, materials, consumer stams, technology financials and discretionary are among the gainers today. i want to highlight technology very quickly, because we're expecting earnings from intel and yahoo! after the close tonight. intel is trading higher at this hour, while yahoo! is down half a percent right now. >> fedex, of course, on the eve of its 40th anniversary, in less than an hour, employees will be ringing the closing bell. the stock viewed as a barometer of economic conditions has been on a slide after the company cut its outlook for the year. up to that point, the stock had been riding this market rally. we want to drill down into the outlook, how the company is dealing with the global economy. joining us is fred smith. fred, it's always nice to have you on the program. we appreciate your time. >> thank you, maria. >> what can you tell us about the rest of the year at fedex and the industry? i think when you first came out with the news, the last time we spoke, about the global economy, it shook the market. it certainl
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